Tax Moves to Make Now

As the 'fiscal cliff' looms, year-end tax planning is more important than ever. Laura Saunders has details on what you need to do. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... I ... easy obviously ... easy time the stock will what's with that ... what's happening tax rates and the AMT ... will help you sort it all I'll tell you what to do also Laura Saunders here is that the Weekend Investor peace sign great graphic ad in the Senate ... saw this on excellent graphic excellent story is that of last month do it because this is an unusually you it's a crazy year to track the G year and planning everybody trends in every year but happy new plan if you don't know what that taxes are going to be next year we don't even know what some of the taxes are going to be for this year ... so I'll what can you do ... well the answer is more than you think ... that they're not he took a bunch of people about it he got some tips which will do some well let me just give one day as Robert F which is ... don't think you can do what Skoll Crystal mile planning you can get it exactly right ... better to get with the bird in hand don't you know could all year ... and they do everything we now be the wraps come to be yet you don't miss the old and Congress don't agree that for many many boxes of the more valuable than to be my one part is some this year in my now ... we're sort ... of structure will be so kind that has yet to make and you can do it after the of the year must tax means you can't make after the end the year ... if you think the deduction may be less valuable next year for various reasons ... you might make a big into a downward biased and you get a full production ... and you can dribble out the current contributions over many years and they grow tax free in the meantime ... sounds good ... and this one is what interests me is ... the idea of the market still looks a lot ... of talk about the making of it from or how well the mortgage belt and is in the crosshairs Dino and I'm sure it has a lot of their if your support from the Realtors to Bali supported very well ... that I didn't see my way to make an extra payment to get that connection UK youth league salary interest in Iowa to pay down your principal to some of that a new high ... the less interest in the long run ... that that one out of the stunned if you go to ... the max and will stay on ... top when it's the it's given that our people it was about stock options ... the stock has added the most complicated thing out there the short answer is if you haven't get expert help because they are affected by every changing tax rate capital gains ordinary income this that he expected the expectation of what the stock will do ... it if you have a lot ... to get expert help ... panicking he yelled last couple weeks certainly saw some people in the market yet taken a year-end decision yet ... and this one's inched into the health savings account I mean a lot of changes going on via ... email here's the story there is de aam you can put money into its health savings accounts after the end of the year but UK you hafta have opened it by the end of the year ... ahh ... and other medical things ... are getting tighter all is is getting tighter as well not everybody can happen medical savings account a health science account but Dell and if you didn't do it act on it ... what else I know some of the ones in the last week I were most into two double what TEU was ... I think people I'll ... watch out for the three point eight percent tax is coming and as a result ... on ... the ... bed medical ... changes to make health care say this week but weak olive Omnicare ... that said three twenty eight percent tax on investment income above two hundred fifty thousand Hwee explained ... Q how it works this is complicated to the other thing is that ... if it makes sense for you ... a Roth IRA ... is a great way to get because Ross income is going to be the best income to have ... one By Laura Saunders lot more on my and in the newspaper the Weekend Investor thinker were present a ...